ServisFirst Bancshares, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 5 - Loans (Tables)

Note 5 - Loans (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	June 30,			December 31,
	2026			2025

	(Dollars In Thousands)
Commercial, financial and agricultural	$	3,252,437		$	3,146,736
Real estate - construction		1,564,504			1,457,628
Real estate - mortgage:
Owner-occupied commercial		2,781,375			2,739,823
1-4 family mortgage		1,685,723			1,671,713
Non-owner occupied commercial		5,123,635			4,603,389
Subtotal: Real estate - mortgage		9,590,733			9,014,925
Consumer		70,815			77,623
Total Loans		14,478,489			13,696,912
Less: Allowance for credit losses on loans		(181,853	)		(171,683	)
Net Loans	$	14,296,636		$	13,525,229


Commercial, financial and agricultural		22.46	%		22.97	%
Real estate - construction		10.81	%		10.64	%
Real estate - mortgage:
Owner-occupied commercial		19.21	%		20.00	%
1-4 family mortgage		11.64	%		12.21	%
Non-owner occupied commercial		35.39	%		33.61	%
Subtotal: Real estate - mortgage		66.24	%		65.82	%
Consumer		0.49	%		0.57	%
Total Loans		100.00	%		100.00	%

Financing Receivable Based on Year of Origination [Table Text Block]

June 30, 2026	2026		2025		2024		2023		2022		Prior		Revolving		Revolving Lines of Credit Converted to Term Loans		Total
	(In Thousands)
Commercial, financial and agricultural
Pass	$	379,217	$	524,404	$	251,984	$	101,721	$	176,095	$	341,987	$	1,372,487	$	21,436	$	3,169,331
Special Mention		800		2,555		1,676		737		3,374		7,853		21,101		1,422		39,518
Substandard - Accruing		-		-		50		-		462		17,442		1,728		1		19,683
Substandard - Non-accrual		-		-		2,095		96		390		10,357		7,571		3,396		23,905
Total Commercial, financial and agricultural	$	380,017	$	526,959	$	255,805	$	102,554	$	180,321	$	377,639	$	1,402,887	$	26,255	$	3,252,437
Current-period gross write-offs	$	-	$	-	$	876	$	573	$	313	$	1,092	$	9,416	$	95	$	12,365

Real estate - construction
Pass	$	187,788	$	545,990	$	319,139	$	113,757	$	171,802	$	76,710	$	99,685	$	454	$	1,515,325
Special Mention		1,257		-		5,283		533		5,237		1,566		150		-		14,026
Substandard - Accruing		-		-		-		65		-		-		1		-		66
Substandard - Non-accrual		-		-		1,085		680		15,946		17,376		-		-		35,087
Total Real estate - construction	$	189,045	$	545,990	$	325,507	$	115,035	$	192,985	$	95,652	$	99,836	$	454	$	1,564,504
Current-period gross write-offs	$	-	$	-	$	-	$	711	$	-	$	-	$	-	$	-	$	711

Owner-occupied commercial
Pass	$	189,838	$	473,954	$	346,759	$	153,904	$	413,311	$	1,056,248	$	80,952	$	2,157	$	2,717,123
Special Mention		151		-		5,372		961		391		22,838		6,257		-		35,970
Substandard - Accruing		-		-		-		227		641		3,653		1,350		-		5,871
Substandard - Non-accrual		-		3,448		324		4,160		4,016		10,463		-		-		22,411
Total Owner-occupied commercial	$	189,989	$	477,402	$	352,455	$	159,252	$	418,359	$	1,093,202	$	88,559	$	2,157	$	2,781,375
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

1-4 family mortgage
Pass	$	154,158	$	287,691	$	212,359	$	92,143	$	246,199	$	249,334	$	413,729	$	3,123	$	1,658,736
Special Mention		49		736		4,665		1,083		1,158		3,105		5,279		990		17,065
Substandard - Accruing		-		-		-		-		-		24		-		1		25
Substandard - Non-accrual		-		394		959		277		4,675		2,732		860		-		9,897
Total 1-4 family mortgage	$	154,207	$	288,821	$	217,983	$	93,503	$	252,032	$	255,195	$	419,868	$	4,114	$	1,685,723
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	5	$	-	$	91	$	96

Non-owner occupied commercial
Pass	$	638,481	$	697,204	$	699,623	$	234,707	$	1,191,446	$	1,450,458	$	78,204	$	3,992	$	4,994,115
Special Mention		1,744		-		-		-		333		45,739		-		-		47,816
Substandard - Accruing		-		-		-		-		3,133		831		-		-		3,964
Substandard - Non-accrual		-		-		-		-		17,747		59,993		-		-		77,740
Total Non-owner occupied commercial	$	640,225	$	697,204	$	699,623	$	234,707	$	1,212,659	$	1,557,021	$	78,204	$	3,992	$	5,123,635
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Consumer
Pass	$	19,076	$	7,684	$	3,044	$	1,262	$	1,130	$	2,106	$	35,767	$	-	$	70,069
Special Mention		9		-		-		-		46		20		-		-		75
Substandard - Accruing		-		-		-		-		-		-		-		-		-
Substandard - Non-accrual		-		-		-		-		-		671		-		-		671
Total Consumer	$	19,085	$	7,684	$	3,044	$	1,262	$	1,176	$	2,797	$	35,767	$	-	$	70,815
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	15	$	235	$	-	$	-	$	250

Total Loans
Pass	$	1,568,558	$	2,536,927	$	1,832,908	$	697,494	$	2,199,983	$	3,176,843	$	2,080,824	$	31,162	$	14,124,699
Special Mention		4,010		3,291		16,996		3,314		10,539		81,121		32,787		2,412		154,470
Substandard - Accruing		-		-		50		292		4,236		21,950		3,079		2		29,609
Substandard - Non-accrual		-		3,842		4,463		5,213		42,774		101,592		8,431		3,396		169,711
Total Loans	$	1,572,568	$	2,544,060	$	1,854,417	$	706,313	$	2,257,532	$	3,381,506	$	2,125,121	$	36,972	$	14,478,489
Current-period gross write-offs	$	-	$	-	$	876	$	1,284	$	328	$	1,332	$	9,416	$	186	$	13,422

December 31, 2025	2025		2024		2023		2022		2021		Prior		Revolving		Revolving lines of credit converted to term loans		Total
	(In Thousands)
Commercial, financial and agricultural
Pass	$	682,117	$	327,516	$	120,889	$	219,978	$	186,839	$	219,843	$	1,267,362	$	25,570	$	3,050,114
Special Mention		4,206		1,927		231		2,716		1,822		6,878		20,423		4,564		42,767
Substandard - Accruing		-		53		-		603		-		24,715		1,728		-		27,099
Substandard - Non-accrual		-		885		669		336		1		8,176		15,793		896		26,756
Total Commercial, financial and agricultural	$	686,323	$	330,381	$	121,789	$	223,633	$	188,662	$	259,612	$	1,305,306	$	31,030	$	3,146,736
Current-period gross write-offs	$	-	$	-	$	669	$	5,667	$	1,925	$	1,442	$	14,878	$	323	$	24,904

Real estate - construction
Pass	$	468,553	$	396,658	$	188,617	$	185,466	$	65,552	$	26,911	$	82,010	$	-	$	1,413,767
Special Mention		-		6,401		-		-		-		479		150		-		7,030
Substandard - Accruing		-		-		-		-		-		945		1		-		946
Substandard - Non-accrual		-		-		3,508		15,946		16,431		-		-		-		35,885
Total Real estate - construction	$	468,553	$	403,059	$	192,125	$	201,412	$	81,983	$	28,335	$	82,161	$	-	$	1,457,628
Current-period gross write-offs	$	-	$	-	$	-	$	46	$	-	$	-	$	-	$	-	$	46

Owner-occupied commercial
Pass	$	471,700	$	369,455	$	158,561	$	439,521	$	420,902	$	741,250	$	78,330	$	2,397	$	2,682,116
Special Mention		3,570		4,786		1,787		394		7,252		16,043		2,794		-		36,626
Substandard - Accruing		125		-		1,552		-		-		4,476		1,350		-		7,503
Substandard - Non-accrual		-		-		417		5,002		6,452		1,707		-		-		13,578
Total Owner-occupied commercial	$	475,395	$	374,241	$	162,317	$	444,917	$	434,606	$	763,476	$	82,474	$	2,397	$	2,739,823
Current-period gross write-offs	$	-	$	3,478	$	-	$	-	$	-	$	560	$	-	$	-	$	4,038

1-4 family mortgage
Pass	$	323,633	$	236,761	$	105,279	$	274,544	$	168,885	$	115,994	$	423,365	$	4,096	$	1,652,557
Special Mention		-		160		173		40		2,681		1,397		4,685		-		9,136
Substandard - Accruing		-		-		-		-		-		402		178		-		580
Substandard - Non-accrual		395		1,101		109		5,059		969		1,014		705		88		9,440
Total 1-4 family mortgage	$	324,028	$	238,022	$	105,561	$	279,643	$	172,535	$	118,807	$	428,933	$	4,184	$	1,671,713
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	37	$	266	$	-	$	303

Non-owner occupied commercial
Pass	$	673,189	$	648,847	$	208,324	$	1,293,147	$	711,292	$	872,833	$	79,131	$	2,277	$	4,489,040
Special Mention		-		-		259		340		25,079		-		-		-		25,678
Substandard - Accruing		-		-		-		3,187		864		2,643		-		-		6,694
Substandard - Non-accrual		-		3,815		-		17,747		57,701		2,714		-		-		81,977
Total Non-owner occupied commercial	$	673,189	$	652,662	$	208,583	$	1,314,421	$	794,936	$	878,190	$	79,131	$	2,277	$	4,603,389
Current-period gross write-offs	$	-	$	-	$	-	$	1,117	$	47	$	4	$	-	$	-	$	1,168

Consumer
Pass	$	29,354	$	3,584	$	1,578	$	1,594	$	594	$	2,130	$	38,009	$	-	$	76,843
Special Mention		-		-		-		-		23		-		21		-		44
Substandard - Accruing		-		-		-		-		-		21		-		-		21
Substandard - Non-accrual		-		-		-		15		-		700		-		-		715
Total Consumer	$	29,354	$	3,584	$	1,578	$	1,609	$	617	$	2,851	$	38,030	$	-	$	77,623
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	573	$	134	$	-	$	707

Total Loans
Pass	$	2,648,546	$	1,982,821	$	783,248	$	2,414,250	$	1,554,064	$	1,978,961	$	1,968,207	$	34,340	$	13,364,437
Special Mention		7,776		13,274		2,450		3,490		36,857		24,797		28,073		4,564		121,281
Substandard - Accruing		125		53		1,552		3,790		864		33,202		3,257		-		42,843
Substandard - Non-accrual		395		5,801		4,703		44,105		81,554		14,311		16,498		984		168,351
Total Loans	$	2,656,842	$	2,001,949	$	791,953	$	2,465,635	$	1,673,339	$	2,051,271	$	2,016,035	$	39,888	$	13,696,912
Current-period gross write-offs	$	-	$	3,478	$	669	$	6,830	$	1,972	$	2,616	$	15,278	$	323	$	31,166

Financing Receivable, Credit Substitute, Credit Quality Indicator [Table Text Block]

June 30, 2026	Performing		Nonperforming		Total
	(In Thousands)

Commercial, financial and agricultural	$	3,228,489	$	23,948	$	3,252,437
Real estate - construction		1,529,417		35,087		1,564,504
Real estate - mortgage:
Owner-occupied commercial		2,758,964		22,411		2,781,375
1-4 family mortgage		1,674,692		11,031		1,685,723
Non-owner occupied commercial		5,045,895		77,740		5,123,635
Total real estate -mortgage		9,479,551		111,182		9,590,733
Consumer		70,079		736		70,815
Total	$	14,307,536	$	170,953	$	14,478,489

December 31, 2025	Performing		Nonperforming		Total
	(In Thousands)

Commercial, financial and agricultural	$	3,119,879	$	26,857	$	3,146,736
Real estate - construction		1,421,743		35,885		1,457,628
Real estate - mortgage:
Owner-occupied commercial		2,726,245		13,578		2,739,823
1-4 family mortgage		1,661,950		9,763		1,671,713
Non-owner occupied commercial		4,521,412		81,977		4,603,389
Total real estate -mortgage		8,909,607		105,318		9,014,925
Consumer		76,854		769		77,623
Total	$	13,528,083	$	168,829	$	13,696,912

Financing Receivable, Past Due [Table Text Block]

June 30, 2026	Past Due Status (Accruing Loans)
							Total Past		Total						Nonaccrual
	30-59 Days		60-89 Days		90+ Days		Due		Nonaccrual		Current		Total Loans		With No ACL
	(In Thousands)

Commercial, financial and agricultural	$	815	$	3,449	$	43	$	4,307	$	23,905	$	3,224,225	$	3,252,437	$	18,856
Real estate - construction		-		5,000		-		5,000		35,087		1,524,417		1,564,504		25,168
Real estate - mortgage:
Owner-occupied commercial		3,960		-		-		3,960		22,411		2,755,004		2,781,375		22,245
1-4 family mortgage		353		883		1,134		2,370		9,897		1,673,456		1,685,723		9,594
Non-owner occupied commercial		-		-		-		-		77,740		5,045,895		5,123,635		69,847
Total real estate -mortgage		4,313		883		1,134		6,330		110,048		9,474,355		9,590,733		101,686
Consumer		138		42		65		245		671		69,899		70,815		-
Total	$	5,266	$	9,374	$	1,242	$	15,882	$	169,711	$	14,292,896	$	14,478,489	$	145,710

December 31, 2025	Past Due Status (Accruing Loans)
							Total Past		Total						Nonaccrual
	30-59 Days		60-89 Days		90+ Days		Due		Nonaccrual		Current		Total Loans		With No ACL
	(In Thousands)

Commercial, financial and agricultural	$	1,001	$	1,533	$	101	$	2,635	$	26,756	$	3,117,345	$	3,146,736	$	19,724
Real estate - construction		-		1,148		-		1,148		35,885		1,420,595		1,457,628		35,173
Real estate - mortgage:
Owner-occupied commercial		5,815		295		-		6,110		13,578		2,720,135		2,739,823		13,578
1-4 family mortgage		998		4,770		323		6,091		9,440		1,656,182		1,671,713		8,993
Non-owner occupied commercial		2,663		-		-		2,663		81,977		4,518,749		4,603,389		77,930
Total real estate -mortgage		9,476		5,065		323		14,864		104,995		8,895,066		9,014,925		100,501
Consumer		491		140		54		685		715		76,223		77,623		15
Total	$	10,968	$	7,886	$	478	$	19,332	$	168,351	$	13,509,229	$	13,696,912	$	155,413

Financing Receivable, Allowance for Credit Loss [Table Text Block]

	Commercial,
	financial and			Real estate -			Owner-occupied			1-4 family			Non-owner			Real estate -
	agricultural			construction			commercial			mortgage			occupied commercial			mortgage			Consumer			Total

	(In Thousands)
	Three Months Ended June 30, 2026
Allowance for credit losses on Loans:
Balance at April 1, 2026	$	59,508		$	27,934		$	18,440		$	24,641		$	40,379		$	83,460		$	3,003		$	173,905
Charge-offs		(4,074	)		(711	)		-			(5	)		-			(5	)		(79	)		(4,869	)
Recoveries		667			-			390			4			2			396			59			1,122
Provision		1,144			6,204			(819	)		258			5,126			4,565			(218	)		11,695
Balance at June 30, 2026	$	57,245		$	33,427		$	18,011		$	24,898		$	45,507		$	88,416		$	2,765		$	181,853

	Three Months Ended June 30, 2025
Allowance for credit losses:
Balance at April 1, 2025	$	52,518		$	41,809		$	21,330		$	15,246		$	31,853		$	68,429		$	2,278		$	165,034
Charge-offs		(6,849	)		-			(560	)		(20	)		-			(580	)		(73	)		(7,502	)
Recoveries		959			-			1			-			-			1			58			1,018
Provision		6,394			4,614			156			(282	)		336			210			191			11,409
Balance at June 30, 2025	$	53,022		$	46,423		$	20,927		$	14,944		$	32,189		$	68,060		$	2,454		$	169,959

	Six Months Ended June 30, 2026
Allowance for credit losses:
Balance at January 1, 2026	$	63,620		$	22,432		$	18,833		$	24,739		$	38,971		$	82,543		$	3,088		$	171,683
Charge-offs		(12,365	)		(711	)		-			(96	)		-			(96	)		(250	)		(13,422	)
Recoveries		845			-			390			4			2			396			94			1,335
Provision		5,145			11,706			(1,212	)		251			6,534			5,573			(167	)		22,257
Balance at June 30, 2026	$	57,245		$	33,427		$	18,011		$	24,898		$	45,507		$	88,416		$	2,765		$	181,853

	Six Months Ended June 30, 2025
Allowance for credit losses:
Balance at January 1, 2025	$	55,330		$	38,597		$	22,302		$	14,096		$	31,328		$	67,726		$	2,805		$	164,458
Charge-offs		(9,263	)		(46	)		(3,351	)		(51	)		(750	)		(4,152	)		(133	)		(13,594	)
Recoveries		1,129			-			1			-			-			1			84			1,214
Provision		5,826			7,872			1,975			899			1,611			4,485			(302	)		17,881
Balance at June 30, 2025	$	53,022		$	46,423		$	20,927		$	14,944		$	32,189		$	68,060		$	2,454		$	169,959

Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]

			Accounts								ACL
June 30, 2026	Real Estate		Receivable		Equipment		Other		Total		Allocation
	(In Thousands)
Commercial, financial and agricultural	$	10,725	$	1,277	$	2,700	$	28,917	$	43,619	$	10,755
Real estate - construction		34,273		-		-		944		35,217		11,793
Real estate - mortgage:
Owner-occupied commercial		28,367		-		-		-		28,367		165
1-4 family mortgage		9,789		-		108		-		9,897		303
Non-owner occupied commercial		80,952		-		-		875		81,827		8,172
Total real estate - mortgage		119,108		-		108		875		120,091		8,640
Consumer		-		-		-		671		671		671
Total	$	164,106	$	1,277	$	2,808	$	31,407	$	199,598	$	31,859

			Accounts								ACL
December 31, 2025	Real Estate		Receivable		Equipment		Other		Total		Allocation
	(In Thousands)
Commercial, financial and agricultural	$	18,792	$	2,247	$	2,763	$	30,235	$	54,037	$	17,465
Real estate - construction		35,946		-		-		944		36,890		712
Real estate - mortgage:
Owner-occupied commercial		21,076		-		-		76		21,152		-
1-4 family mortgage		9,887		-		109		-		9,996		446
Non-owner occupied commercial		87,917		-		-		875		88,792		5,434
Total real estate - mortgage		118,880		-		109		951		119,940		5,880
Consumer		-		-		15		721		736		721
Total	$	173,618	$	2,247	$	2,887	$	32,851	$	211,603	$	24,778

Financing Receivable, Modified [Table Text Block]

	Three Months Ended June 30, 2026
			Payment Deferral
	Term		and Term						Percentage of
	Extensions		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	-	$	-	$	-	$	-		-	%
Real estate - construction		-		-		-		-		-	%
Owner-occupied commercial		-		1,415		-		1,415		0.01	%
1-4 family mortgage		-		58		-		58		-	%
Non-owner occupied commercial		-		-		-		-		-	%
Total	$	-	$	1,473	$	-	$	1,473		0.01	%

	Six Months Ended June 30, 2026
			Payment Deferral
	Term		and Term						Percentage of
	Extensions		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	3,288	$	7,363	$	-	$	10,651		0.07	%
Real estate - construction		-		945		-		945		0.01	%
Owner-occupied commercial		-		3,572		-		3,572		0.02	%
1-4 family mortgage		175		460		-		635		-	%
Non-owner occupied commercial		-		-		1,053		1,053		0.01	%
Total	$	3,463	$	12,340	$	1,053	$	16,856		0.11	%

	Three Months Ended June 30, 2025
			Payment Deferral
	Term		and Term						Percentage of
	Extensions		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	494	$	-	$	-	$	494		-	%
Real estate - construction		-		-		-		-		-	%
Owner-occupied commercial		-		-		-		-		-	%
1-4 family mortgage		-		-		-		-		-	%
Non-owner occupied commercial		-		-		-		-		-	%
Total	$	494	$	-	$	-	$	494		-	%

	Six Months Ended June 30, 2025
			Payment Deferral
	Term		and Term						Percentage of
	Extensions		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	494	$	-	$	-	$	494		-	%
Real estate - construction		-		-		-		-		-	%
Owner-occupied commercial		-		11,105		-		11,105		0.08	%
1-4 family mortgage		-		-		-		-		-	%
Non-owner occupied commercial		-		-		-		-		-	%
Total	$	494	$	11,105	$	-	$	11,599		0.08	%

	Three Months Ended June 30, 2026
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		-	$	-
Real estate - construction		-		-
Owner-occupied commercial		6		68
1-4 family mortgage		3		-
Non-owner occupied commercial		-		-

	Six Months Ended June 30, 2026
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		4 to 12	$	116
Real estate - construction		4		25
Owner-occupied commercial		4 to 6		168
1-4 family mortgage		3 to 7		17
Non-owner occupied commercial		-		-

	Three Months Ended June 30, 2025
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		3	$	-
Real estate - construction		-		-
Owner-occupied commercial		-		-
1-4 family mortgage		-		-
Non-owner occupied commercial		-		-

	Six Months Ended June 30, 2025
	Term Extensions (In months)		Total Payment Deferral (In Thousands)
Commercial, financial and agricultural		3	$	-
Real estate - construction		-		-
Owner-occupied commercial		3		132
1-4 family mortgage		-		-
Non-owner occupied commercial		-		-